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Alligator Energy Limited (ASX:AGE)

ALERT: Price-sensitive ASX Announcement for AGE
Current share price for AGE : $0.042 -0.011 (-20.75%)+
Announcement
Release
6 Aug 2026 9:53AM
Price at Release
$0.053
Full Release
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Summary
Alligator Energy Limited has successfully secured A$15 million through a placement and A$3 million through a Share Purchase Plan (SPP), issuing new shares at A$0.045 each. The capital raised will fund ongoing drilling programs and feasibility studies at the Samphire Uranium Project, as well as the mining lease application process. The placement was well-supported by institutional investors and managed by Canaccord Genuity and Taylor Collison, with the SPP offering eligible shareholders the chance to participate at the same share price. This financial boost will support Alligator Energy's strategic initiatives and growth in uranium exploration and development.
Key Points
  • Alligator Energy Limited announced a successful A$15 million placement and a A$3 million Share Purchase Plan (SPP).
  • Funds raised will support drilling programs at Blackbush, Plumbush, and other sites, and advance the Samphire Uranium Project.
  • The placement involved issuing 333,333,334 new shares at A$0.045 per share, supported by institutional investors.
  • The SPP allows eligible shareholders to purchase up to A$30,000 worth of new shares at the same price.
  • Funds will also be used for feasibility studies and mining lease applications for the Samphire Uranium Project.
  • The placement was managed by Canaccord Genuity and Taylor Collison, with Shaw and Partners as co-manager.
  • Key dates include SPP record date on 5 August 2026 and the expected quotation of new shares by 13 August 2026.
  • The announcement emphasizes strong investor confidence and strategic growth plans for Alligator Energy.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.